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20 Stocks and 80 ETFs for diversifying SHYL (XTRACKERS SHORT DURATION HIGH YIELD BOND ETF)

The least correlated asset to SHYL (XTRACKERS SHORT DURATION HIGH YIELD BOND ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9482.

Stocks that lowly correlated with SHYL

SymbolName
Market cap
SectorIndustry
Correlation
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.64
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.60
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.59
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.58
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.55
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.54
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.53
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.53
OFSSOOFS Capital Corp$341MN/AN/A-0.52
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.50
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.50
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.48
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.48
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.48
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.47
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.46
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.44
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.43
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.42
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.42

ETFs that lowly correlated with SHYL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.95
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.86
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.85
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.85
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.85
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.84
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.84
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.84
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.84
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.84
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.84
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.83
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.83
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.83
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.82
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.82
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.82
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.82
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.82
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.81
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.80
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.78
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.78
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.77
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.77
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.77
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.77
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.75
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.74
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.74
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.73
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.72
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.70
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.70
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.69
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.69
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.69
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.67
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.67
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.66
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.66
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.66
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.65
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.65
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.64
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.62
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.61
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.61
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.61
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.60
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.59
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.59
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.57
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.57
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.57
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.56
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.56
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.55
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.55
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.54
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.54
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.54
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.54
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.54
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.53
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.53
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.52
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.52
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.51
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.51
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.50
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.50
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.49
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.49
OILDBank of Montreal$53MN/ANov 8, 2021-0.49
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.49
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.47
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.45
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.43
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.43